Common use of Employment of Optionee Clause in Contracts

Employment of Optionee. Nothing in this Agreement shall confer upon Optionee any right to continued employment by the Company or any of its subsidiaries or affiliates or limit in any way the right of the Company or any subsidiary or affiliate at any time to terminate or alter the terms of such employment.

Appears in 3 contracts

Samples: Stock Option Agreement (Hanover Compressor Co /), Stock Option Agreement (Hanover Compressor Co /), Stock Option Agreement (Hanover Compressor Co /)

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Employment of Optionee. Nothing in this Agreement shall be construed to confer upon Optionee any right to continued employment by continue in the employ of the Company or any of its subsidiaries or affiliates or limit to interfere in any way with the right of the Company or any subsidiary or affiliate to terminate Optionee’s employment at any time time, nor to terminate or alter derogate from the terms of such employmentany written employment agreement between the Company and Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Veritec Inc)

Employment of Optionee. Nothing in this Agreement shall confer upon the Optionee any right to continued employment by the Company or any of its subsidiaries or affiliates or limit in any way the right of the Company or any subsidiary or affiliate at any time to terminate or alter the terms of such employment.

Appears in 1 contract

Samples: Stock Option Agreement (Hanover Compressor Co /)

Employment of Optionee. Nothing in this Agreement shall confer upon Optionee any right to continued employment by the Company or any of its subsidiaries subsidiary or affiliates affiliate thereof or limit in any way the right of the Company or any subsidiary or affiliate thereof at any time to terminate or alter the terms of such employment.

Appears in 1 contract

Samples: Stock Option Agreement (Hanover Compressor Co /)

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Employment of Optionee. Nothing in this Agreement shall be construed to confer upon Optionee any right to continued employment by continue in the employ of the Company (or any a subsidiary of its subsidiaries Company, as applicable) or affiliates or limit to interfere in any way with the right of the Company or any subsidiary or affiliate to terminate Optionee’s employment at any time time, nor to terminate or alter derogate from the terms of such employmentany written employment agreement between the Company and Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Veritec Inc)

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